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Off market
  • $388,100

    1201-1231 Solomon St, Thomaston, GA 30286

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 1961
    -- sqft lot
    $388,100 Zestimate®
    $--/sqft
    $1,231 Estimated rent

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    $1,231/mo

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    $1,231/mo

    Rent Zestimate®

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    $2,300/mo

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    $2,300/mo

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    What's special

    BACK ON THE MARKET!!! BUYER'S DEFAULT. $4,350 per month current monthly income!!! 16 doors/8 duplexes side by side. Potential monthly income of $8,800 per month after rehab completion. 1.36% monthly income return on purchase!! Two doors/one duplex fully rehabbed and in the process of being rented. Second duplex currently in the process of being renovated. Current rent rates for unrenovated properties $300-350 per month. At $550 per door per month, property will income $105,600 per year. THIS IS THE PERFECT RETIREMENT INCOME OPPORTUNITY!!!!!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Basement: Slab/None

    Property

    Parking
    • Total spaces: 2
    Features
    • Exterior features: Brick
    Lot
    • Size: 1.55 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Sewer In Street
    • Water: Public Water

    Community & neighborhood

    Location
    • Region: Thomaston

    Other

    Other facts
    • Appliances: Dishwasher, Range/Oven, Refrigerator, Other
    • Heating: Other, See Remarks
    • HeatingYN: true
    • CoolingYN: true
    • FoundationDetails: Slab
    • NumberOfUnitsTotal: 16
    • StructureType: Multi Family
    • RentIncludes: See Remarks
    • Cooling: Other
    • FarmLandAreaSource: Public Record
    • LotDimensionsSource: Public Records
    • ParkingFeatures: 2 Car
    • WaterSource: Public Water
    • ConstructionMaterials: Brick 4 Sided
    • Basement: Slab/None
    • Sewer: Sewer In Street
    • BeastPropertySubType: Multifamily
    • MlsStatus: Under Contract
    • ListPriceLow: 320000
    • CoListAgentEmail: georgiaperimeterhomes@gmail.com
    • CoListAgentFullName: Carlos Colon
    • TaxAnnualAmount: 3905.71
    Sell for more on Zillow
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    $388,100
    2% more+$7,762
    With Zillow Showcase(estimated)$395,862